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an impact on solving the deficit and our debt picture in the 1990's? things improved >> i do not want to take credit for it, but i am pleased there is a breathing period where we are going in the right direction. now we have heard it around and it is going through the roof and is inexcusable. what is interesting is that hardly ever gets discussed, and in the papers, on the media, you would think this is front- page news. it is not. >> absolutely no question that his candidacy caused president clinton to make fiscal responsibility and much higher priority. no question. clinton will tell you that. people in his administration will tell you that. he made the difference even though he did not win. the polls will also tell you in july he was leading. in addition, the exit polls will tell you that the people who voted, if they thought they could have won, they would have voted for him and he would have won. much worse today than we were then, and people know it. >> do you think we're much worse today because he was not elected? >> we have lost our way. >> that is history. we're on the edge
to get the deficit down to 4.5% deficit. quite frankly, that is pie in the skil according to pretty much all the analysts and the economists. and it's just a question of how much they'll miss by. because this economy is enacting extreme austerity, and this debate is relevant whether it's obama or romney. is austerity actually denting growth, is it creating more problems than it solves. let me give you one example. we have a sales tax in this country that has been raised from 16% to 18% to 21%. that has created a slight inflation issue. now, pensions are inflation linked. and this country in november has to increase pension abouts by inflation. so by raising 2.5 billion euro v.a.t., it will cost them 3.5 billion euro misincreased pension costs. so you can see the conundrum. they're enacting enormous amounts of austerity, but that's denting an economy which is already in recession. its second since 2008. and things are getting worse. 25% unemployment, a million up sold homes. and we haven't even talked about the banking crisis and the autonomous region, some of which including catalonia ar
the deficit in half in his first term. he's not been asked the simple basic questions by anybody. how did we get to -- >> except by univision. >> sean: one example. >> they haven't even hit him on the outright lie about libya. another anticipated obama argument, this crisis was caused by two wars and push tax cuts. that's so easily refuted. 2007, $161 billion deficit with two wars raging and bush tax cuts implemented in 2003. what romney really needs to do, though, is stress the urgency. none of this john mccain, obama will make a fine president. no. if obama is re-elected, this country is over as we know it. >> yeah. >> he needs to stay that in no uncertain terms. i say this, not because i'm a partisan, i'm scared to death of our lifetime earnings being in jeopardied, i'm scared to death of our liberty, of our prosperity. the american dream is gone. he doesn't believe in opportunity. he believes in expanding the welfare state and the dependence cycle. he believes in expanding obama phones and not putting people back to work and giving people human dignity. >> right. >> sean: i've never met
but not blow up the deficit. >>> and no animals were harmed in the making of this video. skater dude meet deer. that clip later in the show. first to the news live at 5:30 a.m. at 30 rock in new york city. >>> we begin with stories from overseas where foreign policy is coming out as the central topic in the election with much of the recent focus on the attack on bengahzi, libya. romney advisers are split on how broadly they should hit the president over his handling of the attack and why it took so long to acknowledge it was an act of terrorism. some romney advisers to keep the focus on the economy, some are saying romney should have a major foreign policy speech days after the debate. over the weekend, the white house was on the defensive after the friday's announcement that the deadly assault on the u.s. consulate in bengahzi was deliberate and organized. peter king of new york called on susan rice to resign as u.s. ambassador to the united nations after she initially claimed the attack on the consulate was part of the spontaneous protest after an anti-islamic video. yesterday paul ryan and
into recession and cost too many jobs of the other hand would also go a long way to produce budget deficits. even by washington standards that seems pretty important. to discuss the cliff and its consequences of a panel of the four but it did it cover in budget watchers. bob greenstein is on the senate priorities and that of president obama's transition team policy work. douglas holtz-eakin is president of the american action forum and headed the domestic policy staff in the campaign ad was the director of the congressional budget office. donald marron is the director of the tax policy center and member of george bush's advisor and acting director of cbo and finally, digamma rogers blogs as an economist and was the chief economist of the house budget committee for the democratic staff of the house ways and means committee. the format today will be relatively straightforward. each of the panelists will speak for five minutes. i will ask some questions and we will get a discussion going up here and then turn to the audience to give you all a chance to ask questions. we have people watching on c-spa
the math work on his deficit plan and his tax plan. are we going to get those details in the course of the debate? >> well, you know, david, i wish you guys were just as tough on the president. the president says he's going to create a million new manufacturing jobs. he doesn't say how. he says he's going to reduce the long-term debt and deficit by $4 trillion. doesn't say how he's going to do it. you know, let's be fair here. governor romney has laid out a direction and a vision for the direction of this country. he's not an accountant. he's not going to go line by line as much as you'd like him to do through the budget. but let's hold the president to the same standard and criticize him as well. >>> good morning, it is monday, october 1st. it's october, everybody. welcome to "morning joe." >> yeah, you know who's glad september's over? >> who? >> the jets. holy cow! >> i thought you were going to say mitt romney. with us on set, we have msnbc and "time" senior political editor mark halperin and national affairs editor for "new york" magazine john heilemann. guys. hi, willie. >> he
bowles are key candidates. they could play a major role in deficit talks with congress. bowles chaired the white house deficit commission in 2010. >>> in other news, general motors is recalling more than 40,000 vehicles sold in warm weather states because of potential fuel leaks. it affects chevy cobalt and pontiac g5 sedans and chevy equinox, pontiac torrent, and saturn ion from 2007. it could crack the fuel pump, causing it to leak and cause a fire. gm has no reports of fires or injuries. back over to you. >> seema, thanks. >>> robert griffin iii ran for 323 yards and ran for another 43. tampa bay clawed their way back and led by a point with less than two minutes left, but redskins kicker billy cundiff, who missed three field goals later in the game proves to be the hero in this one. he nailed a 41-yard field goal with no time left to win it for washington. >> it was a great play for him. he redeemed himself with that kick to help us win the game. we all have things we have to get better at. for him, it was a good confidence kick for him, seeing that he didn't make the rest of them
in the end a president piled up huge deficits that will cripple our children and grandchildren. look at the mess in the middle east where the president for ten days didn't tell the american people the truth about what happened in the death of an american ambassador. there's plenty of ammunition. but it has to be delivered in a firm systemically order way and people look up and go that's right. there's a simple test here. do you want four more years of obama? do you think this is the right direction? or do you think we need something new? i think a campaign which made that case clearly enough would carry ohio and florida by big margins. >> mitt romney was in westerville, ohio, today. i want to play a little clip of part of something he said and get your reaction to it. listen. >> okay. >> i want to bring the rates down. by the way, don't be expecting a huge cut in taxes because i'm also going to lower deductions and exemptions. >> so he's trying to combine if i take it right the tax and the deficit argument. do you think that's a little too complicated for voters? do you think that re
of initiatives to educate voters on issues in the election. the debt and deficit exceed $16 trillion. his article will appear tomorrow in usa today. we will show you an excerpt in just a moment. first some context to ross perot. when he ran as a third-party, he talked about the growing debt. \ [video clip] >> the world of a unlamented opportunity. what what they say to us if they knew by the year 2000 we will have left them with a national debt of $8 trillion? what would they say if they knew we make them the first generation of americans with a standard of living below the generation below them? we cannot do this to our children. in this election we have the opportunity to choose a candidate not a career politician, but a proven business leader with the ability to take on the tasks at hand. to balance the budget, to expand the tax base, to give our children back the american dream. the candidate is ross perot. the issue is our children. the choice is yours. host: from 1992 when he ran his first of two independent bids for the white house, falling short in 1992 and 1996. one viewer says we need t
.s. team at the 39th ryder cup. this was aufrl. the europeans roaring bang from a 10-4 deficit late saturday to take a tuning 14 1/2 to 13 1/2 point win. germany's martin kaymer sank a putt on the final hole to seal the victory. honestly it was all lost well before that. europe has won the seven out of the last nine ryder cups. and soledad i don't know if you had a chance to watch this debacle. a debacle embarrassing. >> yes, it was killing my poor husband. all right, john, thank you. >>> back to our top story this morning. two days until the first presidential debate. both candidates are getting last-minute preparations. "the new york times" reporting that mitt romney is coming armed on wednesday night, writing this, mr. romney's team has concluded the debates are about creating moments and has equipped him with a series of zingers that he's memorized and habeen practicing on airds since august. president obama responded to that report last night with this. >> i know folks in the media are speculating already on who's going to have the best zingers. i don't know about that. who's g
the deficit among likely voters for obama from five points to three points. and in florida, he's closed from five down to one which is tied given the margin of error in our poll. in virginia, he has closed the gap from five to two. if you look at the state of ohio, a must-win state for mitt romney, mathematically possible for him to get to it without it but his strategists think he needs it. he needs to make progress there. but the fact that some of the national polls are coming back a little bit, some of the swing state polls are tightening, is a bit of an earn couragement for romney that he still has an opportunity for deficit with three or four points to change the dynamic in some way. he's got to hope that obama is not on his best game. you could have a scenario that like what happened in 2000 where george w. bush moved significantly without gore and ultimately became president. >> it's interesting that the poll also shows, as you mention, this 12% of swingable votes in the middle that he could potentially get a hold of. also ensuring that the big money continues to back him moving forwa
if it had not happen we would be talking about economy, deficits, jobs and affordable care act. if mitt romney is going to use this successfully he needs not only to make this critique and point out this is broader frame as seeing the president disengaged not up to the job, giving it his best and failing on behalf of the american people and relate that to the dough messtic economy as well. bill: when the debate number one is rather is week from today. carl, thank you. karl rove in washington on that. here is martha. martha: there are violent protests breaking out about big government spending cuts. look at these scenes. why thousands of people are taking to the streets in spain and what it could mean for your wallet here at home. we'll be right back. [shouting] [gunfire] [ woman ] ring. ring. progresso. your soups are so awesomely delicious my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. we're not in london, are we? no. why? appar
the republican party has gotten lost. we cannot afford any tax cuts. we have to deal with our deficit. that will mean spending cuts for everybody. dagen: is it a mistake to run on this at all? how can you focus been on, because the issue is growth and jobs. how do you run and talk about that without linking tax policy to it somehow? the opposite would be saying we will get rid of these deductions. some people taxes will go up. that will not win you to white house, will it? >> both parties have been -- we cannot afford to give anybody anything anymore. we are broke. we are running a trillion dollars deficit. once we start paying a real normal interest rate on that 20 trillion, it will send the budget even deeper. dagen: all of what you are saying makes perfect sense. i have argued for years that the american people will not vote to pick that until they feel it is home. runaway inflation like the 1970s and skyhigh interest rates like people saw 30 some odd years ago. that is not the case today. if it was laid out just like that, do you think they would vote based on that? >> i think the
category, voters in those same states say he would do a better job on the deficit. and both candidates will be appearing in the cleveland and toledo area today and romney will also be making a stop near columbus. >> it's on. thanks. two powerful bombs exploded in the syrian capital of damascus this morning. the explosion detonated minutes apart followed by gunfire. the attack was blamed on terrorists. damascus has been rocked by a series of bombings in recent months as the uprising against president bashir al assad escalates. >> egypt's president is scheduled to address the u.n. general assembly. his remarks will be closely watched for signs of what direction egypt's new government may go. on tuesday president obama addressed the general assembly. he urged world leaders to reject extremism citing the murder of the u.s. ambassador in libya and three others. >> i would like to begin today by telling you about an american named chris stevens. >> reporter: the president told world leaders that the slain u.s. ambassador to libya, chris stevens, had gone to benghazi to establish a cultural c
perot interviewed on the economy, the deficit, and debt, and how it has changed since he ran for president in 1992 and 1996. find the article in today's edition of usa today. ross perot tonight at c-span - at 9:00 eastern on c-span. >> we underestimate how much we forget. particularly if we have a fragmentary idea, a fleeting sense of something interesting that then disappears. one of the things i try to do is not just to write everything down but to keep everything together. don't overorganize your notes. don't put them in folders and things like that, because you want to allow collisions to happen between your ideas. the important thing is to go back can be read all your notes, from six years ago and revisit that passed self and all the ideas he or she had. that is what it was like for most of the great minds of the enlightenment. they would put together passages from the books they read that they were inspired by and they would write their own notes and then they would go back and read this book that was a kind of clipping of all these other ideas and their intellectual se
even to grips witness. >> reporter: in 2009 president obama pledged to cut the budget deficit in half by the end of his first term. obviously with the budget deficit still at 1.2 trillion that hasn't happened. how does he get past that at the debates? >> as he said, central to his entirely election argument is things were much worse than we thought they were. the country was in a much-worse situation and the americans who lived through the panic of 2008 tend to agree with him, they tend to easily recall what it was like when they opened their 401k statements before this election in 2008 and said, gee, this is not working. the president does have that going in his favor. the thing that makes him more vulnerable is this. this is where romney can really get him. the president said if he got the more than trillion dollars in stimulus packages that he wanted that he could get unemployment down under 8%, and that is not what happened. so what romney will argue is, that the president has failed and that the failures have been simply too expensive. and you know the new sewing began in romney
their deficit taxes, so now they have less tax revenues, so now they have to do it all over again. what i think is funny is that rajoy has said out loud i'm only going to look for a bailout if our interest rates go up. >> and interest rates have not gone up. >> draghi does him a big favor. so he says well, i'm going to wait and see until if i really need it. when you're running the country, you're not going to ask for a bailout until you start to be choked again by the bond market. >> 6%, is that the number? is it 7%? >> i've been told 8% for spain. and these countries really can hold out for a long time. they just have to make very, very hard choices. if they seek a program which is esfs and draghi step in to start buying their debt thark can go on far very, very, very long time. greece is going along just doing tea bills every two weeks. >> what's strange is how europe goes away and the markets here forget about it for weeks at a time and then all of a sudden it's back on the play. >> i think that -- the reason it went away is draghi took cataclysmic events off the table. so they're not going
deficits? >> no! >> yeah, i don't believe we can afford four more years like the last four years. the people of ohio are going to say loud and clear on november 6th we can't afford four more years, we must do better. [cheers and applause] megyn: well, one of the political writers focused on the romney change today is chris stirewalt, fox news digital politics editor. chris, there is a shift in the romney approach. describe exactly what we're seeing. >> well, what you're seeing is a campaign that had previously been trying to have a campaign that was structured around the idea that barack obama was a nice guy, a good fellow, a good dad and an all-around swell american but that mitt romney thought that he could probably do a better job being president and manager of the economy than he could because they were very worried about not only fending voters had voted for obama in 2008. they didn't want to sound like romney was being a jerk, but they were worried, too, pretty obviously, about what the establishment press was going to say. if romney came out and attacked the first black pr
promise they will not increase taxes on the poor and middle class but will make a dent in the deficit. this evening we look at romney's plan which has been called mathematically by one group and the president and his campaign have been all over it. chief national correspondent jim angle gets out his calculator tonight. >> mitt romney's budget plan will hurt the middle class. raising taxes on the average family by up to $2,000. getting a tax break, $250,000 to multimillionaires. >> one might think from this obama ad governor romney is specifically proposing to raise middle class taxes by $2,000. but that's not true. in fact, he penaled just the opposite prompting one romney advisor to blast the notion. >> that is the biggest political lie i have ever seen in my academic career. it's not romney's plan to do that. there is nothing to suggest he would do that. pure fiction. >> $1.2 trillion in tax deductions are claimed every year. everything from home mortgage interest to hundreds of millions and more arcane deductions. romney pledged to lower taxes by 20% for everyone. keep it revenue n
looking at it with regard to krugman's piece and something to do with the deficit, is that going to be spun positively if they're working on it or more fearmongering that something really heinous will go down. >> okay. so keep sticking with what's working for now. we'll keep an eye on this. but kevin, thank you. you always keep us up-to-date on everything happening down there. >> one more quick thing i'll say. watch silver. a lot of popularity in it. we didn't get an outright sell signal, but we got very bearish divergences for silver when it made a new high yesterday. trading over $41 on ebay for silver coins. well over the price in the marketplace. so watch out for that. could be an actionable trade. >> okay, kevin. thanks for the tip. >>> if you have any questions, comments about anything you see here, squawk@cnbc.com. coming up, the chicago teachers strike back in the headlines this morning. we'll find out why next. and then ian poulter's in the building. attention golf fans ever where. >> look at that. every player's name. unbelievable. >> got to be careful. >> i don't want
the question about how do you keep the code without increasing the deficit. but it's a promising proposal that tax policy exports like because it is achievable. now, if you lump the deductions together and don't fight them one by one and have a cap, that is easier to get done. >> on that 17,000, a, do you think we're going to hear about it tonight? does that include things like charitable deductions, mortgage deductions? how far do you think that goes? >> reporter: yes, it does. >> 17,000 cap across the board. that is meaningful. that would have a huge impact on the real estate market, it would have a huge impact broadly. >> reporter: yes, i believe from what i was reading yesterday, and i haven't gotten a chance to delve into it that $17,000 level was set purposefully because people in the under $200,000 income category generally speaking don't have more than that, right? but it makes it easier to begin taking on deductions as you move up the scale. so i do think it's positive. i would expect him to get asked about it and, you know, if he starts sketching out a little bit how he would re
with former presidential candidate ross perot. he talks about the status of the economy, the deficit and debt, and how it has changed since his campaigns in 1992 and 1996. here's a portion of that interview. >> you established a third party. he ran twice. you established -- what was it? united we stand and then the reform party. do you think there is something wrong with the two-party system that has gotten, as we have seen, more acrimonious? >> it is almost impossible to do it. it would be a healthy thing if you could get it done and make it happen. they know they are going to be butchered from day one for what they have done. >> "usa today's" richard wolfe talks with ross perot. and to confine his article on monday in "usa today." >> my opponent and his running mate are big believers in top down economics. they basically think that if we spend another $5 trillion on tax cuts that favor the very wealthy -- [audience boos] don't boo. vote. vote. vote. >> he has one new idea. he has one thing he did not do in his first four years, which he says he will do in his next four years, which is raise
collapse by the u.s. at the 39th ryder cup. the europeans roaring back from a deficit to stage a breathtaking 4 1/2 to 13 1/2 point win. sinking a five-put putt to seal the victory. europe's tseventh victory. >> we have to listen to peiers morgan now. >>> and the super bowl champion new york giants lost to the eagles and the eagles undefeateda dramatic win against the panthers. featuring two long bombs by matt ryan in the closing minutes. extraordinaire. >> i can't believe you watched it. >> amazing powers and inabilities to watch sports even if it means sacrificing sleep. >>> another water cooler topic. arnold schwarzenegger puts himself in the hot seat answering questions about his failed marriage, his affair, his love child, and the fact that he performed same-sex marriages while in office. we're going to hear directly from arnold, coming up next. >> big. ♪ well, he's not very handsome ♪ to look at [ sighs ] ♪ oh, he's shaggy ♪ and he eats like a hog [ male announcer ] the volkswagen jetta. available with advanced keyless technology. control everything from your pock
reducing the deficit making huge profits returning record amounts of money to the treasury as a result of all of their previous quantitative easing. so, the opposite of spending your tax dollars is true it of course the fed is legally independent and run by a diet that is appointed by george w. bush. so this is so completely over the top that we decided we've got to do a piece on that particular e-mail. but pretty much of the messages to the true believers have got to exceed what we in the bunker before we pay much attention to them. as the nec we are out of time. thank you for your attention and appreciate your questions. [applause] speed in the transition we are going to ask the second panel to come up and area video we have produced to help stations engage in ad watching in the local broadcasts. we know that when the ad is added full stream you increase the likelihood that the ad is believed and you don't hear the reporter. swedes distributed with the annenberg foundation. if we could play that please, gary. >> what's the difference between seeing this, traffic lights in china and t
president obama leading and claims to correct the bias, turning romney deficits into commanding romney leads. the idea behind is it simple. all polls base the outcome on what pollsters believe the electorate will look like, how many democrats versus how many republicans they think will actually turn out. getting that partisan makeup wrong can tilt the predictions. the people that don't believe the polls say thistime, pollsters think the 2012 electorate will look a lot like 2008 and this they say is wrong. notice i said this time. back in 2004, democrats complained that the polls which showed george w. bush leading were overestimating the number of republicans who would vote. they were wrong. the polls were right. in 2000, al gore said don't believe the polls, polls showed him losing narrowly. polls were right. in fact, it's hard to find an example of the polls on average getting it wrong unless you go back to 1948, when they predicted thomas dewey defeated president harry truman. cnn political contributor ari fleischer joins us. he's an occasionally unpaid communications advisor for the romn
rallied from a major deficit to retain golf's prestigious ryder cup. cnn is live in medinah, illinois. shane, the u.s. team had a big lead going into the final day. what was the turning point for the europeans? >> reporter: i think that, deb, to be honest with you they were instilled with a faith, a belief, and the happy by their captain. he was a long time partner of seve. he was impressed on them his never say die attitude. he truly was a tat lis mattic figure in so many ryder cups. the americans led 10-6 and the europeans had never staged a comeback like this before in the history of the competition. there was a belief they could do it and they went out and won the first five matches. that whole belief filtered through to the rest of the team. it was a stunning success. the winning putt effectively coming on the 18th green by martin kaymer. he holed out for this crucial pair against stref stricker. it meant the europeans retained the cup. they had won 8 points out of 12 on the final day. in the final match tiger woods was up against the italian. they managed to eke out a half. it w
graduates a four-point deficit, and the right hand column you see how much demographic change we have just in the last four years based on current population survey eligible voters. according to be sedated, we've seen an increase of three points in the share of eligible voters were minority's and a decrease of three points in the share of voters who are white noncollege or working class. that's quite a lot of change in a short period of time. let's just think a bit about what these figures mean, the figures from 2008 and the figures for today. even though it looks like the minority vote usher should go up, let's just say it does not. but let's say that obama gets again the 80% of the minority vote he got in the 2008. let's get nearly loses white college graduates by four-point. it means that you actually be competitive in this race, mitt romney would have to get double john mccain's margin of 18 points among the white working class in this election. that's youth turnout doesn't change among minority's despite the shifts in eligible voters. if this does get realize, let's say minority vote
that people feel is missing. >> eric: where is the proof? you say you arut canning the deficit and create four million jobs. give us ideas. we haven't heard them. >> steve: head line is that the president is lying in his ads. he said they don't hold the president accountable in the main stream med yampt -- media . rasmussen shows how many people are for the president and how many for mr. mitt romney . rasmussen poll was accurate in 2004 and 8 getting the results according to the track being poll. 43 percent said they are certain to vote for romney and 42 percent certain vote for obama and 15 percent haven't decided . >> gretchen: that's huge. that is a dead heat report to look at the certainty of these people they are voting early right and these people who know in the debates who they will vote for. these debates are for the undecided it is a huge chunk of the population. other than voters turn out of the base. that will turn the election>> eric: that is 10-20 percent of the undisguisable and persuadable. throw that poll up one more second. in the bottom of that. likely voters. those are the
and it is produced -- it has produced record-setting deficits and putting us in a path of greece and where much of europe are. the economy is teetering on the edge of recession. the were seen can do is jacked up taxes on small businesses and entrepreneurs or job creators. that makes it all the more likely to push us into a recession. and for the 23 million people who struggling for work, the worst thing to do is hurt the small businesses that create those jobs. >> it is fair to say that the president has reduced taxes. he has reduced taxes for small businesses 18 times. he cut taxes for '95 -- for 95% of families out there. the question is do we ask everybody to sacrifice? when you look at the marginal rate in the united states, when ronald reagan took office, the marginal office with 71% to 72%. it is interesting to me that the greatness that people speak of in terms of the united states, when we talk about the 1940's, the 1950's, the 1960's, 1970's, the marginal rate that folks paid was much greater. nobody says we will go back to that. at the same time, during the clinton years, we had margi
to be overcome, you have to overcome two different deficits. i understand if you are on the wrong side of that game the other night, you have a bad taste in your mouth right now. stuart: you do think there could be some loss of business for you guys? >> there is some chatter out there, stuart. i have heard the customers, to the counter and say that that call will put them on the sidelines for a wild. now, of course, if you are on the right side of that, you are ready to be an action for the coming week. stuart: [laughter] i guess so. give me the odds that the regular refs will come back very soon. >> they are a 129 favorite to be back. maybe not this sunday, but certainly the next. they will come together. they will meet somewhere in the middle. i do not know if they will make it by this sunday, but by next sunday they will be there. stuart: wynn las vegas, any plans to give the money back if there is another lousy call that changes outcome of the end of the game? >> i have been on the wrong side of a lot of games, two. it all evens out in the wash, stuart. i am sure you have had somet
it is the president's own deficit and debt commission recommended something similar on tax reform, bringing down all the tax rates, expanding the base and eliminating tax credits and tax loopholes. dagen: ronald reagan, he did it. and then congress messed it up. bret, it was great to talk to you as always. thank you very much. please everybody -- well i know you all watch bret at 6:00 p.m. eastern on the fox news channel every night. if you don't, well, there you have it. you know what you will see tonight and every night. thanks bret. >> thanks. connell: hillary clinton, with some comments with higher taxes on rich people around the world, not just here, everywhere. we will talk to the judge andrew napolitano and get his thoughts on that. dagen: do you want to take a look at the treasury markets too? connell: i guess. dagen: we did a whole segment on treasury yields. here you go. connell: time now for your fox business brief. take a look at shares of american greetings today, they have been surging. the company received a go private offer from a group led by a ceo. look at that 16%. the offer 17, 1
." two things about that. the fed is reducing the deficit. they are making huge profits, returning record amounts of money to the treasury. , the opposite of spending your tax dollars is true. the fed is legally independent and run by a guy who is appointed by george w. bush. it is so completely over the top that we decided we had to do a piece on that particular e- mailed. pretty much these messages to true believers have to exceed what we have already debunked before we pay attention to it. >> we are out of time. thank you for your attention. we appreciate your questions. [applause] >> please take your seats. 30 seconds. this fact checking futile or fruitful? a doctoral student. see will ask the question, can misinformation affect attitudes even when questions -- corrections work. how can journalists increase the likelihood that fax will win out? the third presenter, staff member, asks, does stand-alone the fact checking work or doesn't backfire as a result of a controlled experiment? then, we will be showed an journalism that fact checks. we will reserve 20 minutes for questioning at t
can g bk t th t the deficits will get worse and not better. and this is the cycle of decline that europe is facing. >> mark halperin. >> prime minister, i take your point about the medium and longer-term issue. how important from a practical and pshological point of view is it to europe r ica ha alen ahe m to get our fiscal house in order? >> i think it's going to be important that europe and america cooperate to get the world economy moving forward. that's the most important thing. you see, i don'tunderstand, since the rescue of the world economy in 2009, there is rtually cooration beten ama,a, india, europe to get the world economy moving forward. you, america, need to export to the rest of the world. you can't stimulate your economy simply by domestic consumption or public spending or plic investment. you need to sell to the rest of the world. china nee to,ndt needs to sell to europe and america. that's the blasz of a global growth agreement. china concerns more. you probably do a bit more on infrastructure. trade starts to moveforward. people have confidence. and that's
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